Low Rate Loans
Is there a way to transfer consolidated school loans to another lender to get a better rate?
I have a large amount of school loans ($70k) that are consolidated at 4.25%. I hear now is a good time to get lower rates on your loans and am wondering if there is a way to transfer my consolidated loans to another lender with a lower rate. Any thoughts?
That’s pretty low already, and I don’t know if you can consolidate again, but here’s just another option to consider…
The company I represent, http://www.tuitionbids.com, lets you apply for a loan consolidation with 6 accredited lenders at the same time. You fill out one application, and the idea is that these banks will compete for your business so you’re more likely to end up with a lower rate. I don’t know if you’ll get offered anything lower than what you already have, but it could be worth checking out.
Good luck!